Kanco Tea & Inds.
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July 22 (Reuters) - Kanco Tea & Industries Ltd KANC.BO:
KANCO TEA & INDUSTRIES LTD - WATER LEVEL SUBSIDED AT BAMONPOOKRIE TEA ESTATE
KANCO TEA & INDUSTRIES LTD - INSURANCE SURVEYOR CARRYING OUT INITIAL DAMAGE ASSESSMENT AT BAMONPOOKRIE
KANCO TEA & INDUSTRIES LTD - WATER LEVEL REDUCED AT MACKEYPORE ESTATE, OPERATIONS RESUMED ON 21 JULY
Source text: ID:nBSE1SX1R5
Further company coverage: KANC.BO
(([email protected];))
July 22 (Reuters) - Kanco Tea & Industries Ltd KANC.BO:
KANCO TEA & INDUSTRIES LTD - WATER LEVEL SUBSIDED AT BAMONPOOKRIE TEA ESTATE
KANCO TEA & INDUSTRIES LTD - INSURANCE SURVEYOR CARRYING OUT INITIAL DAMAGE ASSESSMENT AT BAMONPOOKRIE
KANCO TEA & INDUSTRIES LTD - WATER LEVEL REDUCED AT MACKEYPORE ESTATE, OPERATIONS RESUMED ON 21 JULY
Source text: ID:nBSE1SX1R5
Further company coverage: KANC.BO
(([email protected];))
Kanco Tea & Industries Ltd reported that incessant rainfall and a cloudburst in neighbouring Nagaland caused severe flooding at its Bamonpookrie Tea Estate, halting factory production and damaging labour quarters, staff quarters, and other critical infrastructure. The Mackeypore Tea Estate also saw plantation areas and labour quarters affected, though plucking of green leaves will resume from tomorrow. The company is waiting for water levels to subside before inspecting the damage to determine the full operational impact. Finished goods, property, and stores are insured, subject to deductibles and policy limits. Further updates will be provided in due course.
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Kanco Tea & Industries Ltd reported that incessant rainfall and a cloudburst in neighbouring Nagaland caused severe flooding at its Bamonpookrie Tea Estate, halting factory production and damaging labour quarters, staff quarters, and other critical infrastructure. The Mackeypore Tea Estate also saw plantation areas and labour quarters affected, though plucking of green leaves will resume from tomorrow. The company is waiting for water levels to subside before inspecting the damage to determine the full operational impact. Finished goods, property, and stores are insured, subject to deductibles and policy limits. Further updates will be provided in due course.
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July 20 (Reuters) - Kanco Tea & Industries Ltd KANC.BO:
KANCO TEA & INDUSTRIES - FLOODING INUNDATES BAMONPOOKRIE TEA ESTATE, AFFECTS INFRASTRUCTURE AND FACTORY
KANCO TEA & INDUSTRIES - PRODUCTION HALTED AT BAMONPOOKRIE TEA ESTATE FACTORY
Source text: ID:nBSE3bVgB2
Further company coverage: KANC.BO
(([email protected];))
July 20 (Reuters) - Kanco Tea & Industries Ltd KANC.BO:
KANCO TEA & INDUSTRIES - FLOODING INUNDATES BAMONPOOKRIE TEA ESTATE, AFFECTS INFRASTRUCTURE AND FACTORY
KANCO TEA & INDUSTRIES - PRODUCTION HALTED AT BAMONPOOKRIE TEA ESTATE FACTORY
Source text: ID:nBSE3bVgB2
Further company coverage: KANC.BO
(([email protected];))
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Popular questions
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What does Kanco Tea & Inds. do?
Kanco Tea & Industries Limited, formerly Dhanvaridhi Concerns Limited, is a public company incorporated in 1983. It operated as an NBFC registered with RBI and acquired the tea division from Kanco Enterprises Limited.
Who are the competitors of Kanco Tea & Inds.?
Kanco Tea & Inds. major competitors are Indong Tea Co, Tyroon Tea Company, Octavius Plantations, Diana Tea, Bansisons Tea Inds., Retro Green Revolut., Warren Tea. Market Cap of Kanco Tea & Inds. is ₹24 Crs. While the median market cap of its peers are ₹17 Crs.
Is Kanco Tea & Inds. financially stable compared to its competitors?
Kanco Tea & Inds. seems to be less financially stable compared to its competitors. Altman Z score of Kanco Tea & Inds. is 1.02 and is ranked 6 out of its 8 competitors.
Does Kanco Tea & Inds. pay decent dividends?
The company seems to be paying a very low dividend. Investors need to see where the company is allocating its profits. Kanco Tea & Inds. latest dividend payout ratio is 5.86% and 3yr average dividend payout ratio is 5.86%
How has Kanco Tea & Inds. allocated its funds?
Companies resources are allocated to majorly productive assets like Plant & Machinery and unproductive assets like Cash & Short Term Investments
How strong is Kanco Tea & Inds. balance sheet?
Kanco Tea & Inds. balance sheet is weak and might have solvency issues
Is the profitablity of Kanco Tea & Inds. improving?
Yes, profit is increasing. The profit of Kanco Tea & Inds. is -₹5.45 Crs for TTM, -₹8.34 Crs for Mar 2025 and -₹8.84 Crs for Mar 2024.
Is the debt of Kanco Tea & Inds. increasing or decreasing?
Yes, The net debt of Kanco Tea & Inds. is increasing. Latest net debt of Kanco Tea & Inds. is ₹41.47 Crs as of Mar-26. This is greater than Mar-25 when it was ₹27.12 Crs.
Is Kanco Tea & Inds. stock expensive?
Kanco Tea & Inds. is not expensive. Latest PE of Kanco Tea & Inds. is 0, while 3 year average PE is 2.89. Also latest EV/EBITDA of Kanco Tea & Inds. is 0.0 while 3yr average is 2.76.
Has the share price of Kanco Tea & Inds. grown faster than its competition?
Kanco Tea & Inds. has given lower returns compared to its competitors. Kanco Tea & Inds. has grown at ~-7.98% over the last 3yrs while peers have grown at a median rate of -0.55%
Is the promoter bullish about Kanco Tea & Inds.?
Promoters stake in the company seems stable, and we need to go through filings and allocation of resources to gauge promoter bullishness. Latest quarter promoter holding in Kanco Tea & Inds. is 70.35% and last quarter promoter holding is 70.35%.
Are mutual funds buying/selling Kanco Tea & Inds.?
The mutual fund holding of Kanco Tea & Inds. is stable. The current mutual fund holding in Kanco Tea & Inds. is 0.31% while previous quarter holding is 0.31%.